Distress Property, OFF PLAN

2BR Extreme Super Distress | 360 Riverside Crescent Sobha Hartland 2 | AED 1.7M vs OP 2.23M | Save 525K (23.60%) | Buyer All-In AED 510K Below Seller Total | 913 Sq Ft | Sobha Realty

Ref: DPF-360RC-SH2-2BR-913-001

Sobha Realty

Meydan, United Arab Emirates

Community: Sobha Hartland 2

Bedrooms

2

Down Payment

On Request

Handover Date

Q4-2027
aed 1,700,000
Request_call
Description

2 Bedroom Apartment for Sale in 360 Riverside Crescent, Sobha Hartland 2 — AED 1,700,000 | 23.60% Below OP | Buyer All-In AED 510K Below Seller Total | Extreme Super Distress | 913 Sq Ft | AED 1,862/sqft | Sobha Realty

Save AED 525,000 vs OP | Extreme Super Distress — Buyer All-In Approximately AED 509,720 Below Seller Total | AED 575/sqft Below Seller OP Rate | 2BR | 913 Sq Ft | AED 1,862/sqft | 360 Riverside Crescent | Sobha Hartland 2 | MBR City | Sobha Realty

Extreme super distress across every applicable metric — a seller absorbing a confirmed AED 614,000 loss versus their total documented investment, with the buyer’s own all-in still approximately AED 509,720 below that same seller total after paying every transaction fee at their own expense. Original price AED 2,225,000. Distress asking price AED 1,700,000. Saving AED 525,000 — 23.60% below the seller’s documented original purchase price, in line with their stated approximately 24% headline. The seller’s total documented cost — OP plus the 4% DLD they paid at registration — is approximately AED 2,314,000. The buyer’s own all-in — AED 1,700,000 plus buyer DLD (4%), agency (2% plus VAT), and admin — is approximately AED 1,804,280. That buyer all-in is approximately AED 509,720 below the seller’s total documented investment. The buyer pays every transaction cost at their own expense and still arrives at a fully-loaded acquisition figure approximately AED 509,720 lower than what the seller originally invested. Three independent arithmetic layers — AED 525,000 below OP, AED 614,000 below seller total, buyer all-in AED 509,720 below seller total — all confirm extreme super distress by any definition of the term. At AED 1,862/sqft, this is a price per square foot for a 2-bedroom apartment in 360 Riverside Crescent that is AED 575/sqft below the seller’s documented original per-sqft rate — a discount that across 913 sq ft of Sobha-built residential space in one of Sobha Hartland 2’s most visually distinctive and most internationally marketed tower developments generates the AED 525,000 headline saving. 360 Riverside Crescent is Sobha Realty’s landmark waterfront residential tower within Sobha Hartland 2 — the second and larger phase of the Sobha Hartland masterplan in Mohammed Bin Rashid City, Dubai’s most comprehensively conceived premium mixed-use city-within-a-city development. Sobha Hartland 2 is built around a crystal lagoon and Dubai Creek water frontage, with Sobha Realty’s characteristic quality specification and the MBR City masterplan’s premium positioning. 360 Riverside Crescent delivers 2-bedroom apartments within that tower at a quality and specification standard that Sobha’s brand demands — and a seller who is accepting AED 525,000 below their OP, absorbing AED 614,000 below their total cost, and whose buyer’s all-in is still nearly AED 510,000 below that total, is among the most clearly motivated and most comprehensively documented distress sellers that Sobha Hartland 2’s secondary market has produced in the current cycle.

Property Highlights

  • Project: 360 Riverside Crescent
  • Developer: Sobha Realty
  • Community: Sobha Hartland 2, Mohammed Bin Rashid City, Dubai
  • Unit Type: 2 Bedroom Apartment
  • Bedrooms: 2
  • Bathrooms: Available on request
  • Size: 913 sq ft
  • Original Price (OP): AED 2,225,000
  • Seller DLD Paid (4% of OP): Approximately AED 89,000
  • Seller Total Documented Cost: Approximately AED 2,314,000
  • Distress Asking Price: AED 1,700,000
  • Saving vs OP: AED 525,000 (23.60% below OP — seller’s approximately 24% headline)
  • Saving vs Seller Total: Approximately AED 614,000 (26.53% below seller total)
  • Price per Sq Ft (SP): AED 1,862
  • Price per Sq Ft (OP): AED 2,437
  • Saving per Sq Ft: AED 575
  • Estimated Buyer All-In: Approximately AED 1,804,280
  • Buyer All-In vs Seller Total: Approximately AED 509,720 BELOW seller’s documented total — extreme super distress confirmed
  • Buyer All-In Percentage Below Seller Total: Approximately 22.03%
  • Handover / Status: Available on request
  • Property Status: Distress Property — Extreme Super Distress — 23.60% Below OP

The Extreme Super Distress Arithmetic — Three Independent Layers

Layer 1 — Against Original Purchase Price

  • OP: AED 2,225,000
  • SP: AED 1,700,000
  • Saving: AED 525,000
  • Percentage Below OP: 23.60% (seller’s approximately 24% headline)
  • Price per Sq Ft (SP): AED 1,862
  • Price per Sq Ft (OP): AED 2,437
  • Saving per Sq Ft: AED 575

Layer 2 — Against Seller Total Documented Cost

  • OP: AED 2,225,000
  • Seller DLD Paid (4%): Approximately AED 89,000
  • Seller Total: Approximately AED 2,314,000
  • SP: AED 1,700,000
  • Saving vs Seller Total: Approximately AED 614,000
  • Percentage Below Seller Total: Approximately 26.53%

Layer 3 — Buyer All-In vs Seller Total (Extreme Super Distress Confirmed)

  • SP: AED 1,700,000
  • Buyer DLD (4%): AED 68,000
  • Buyer Admin: Approximately AED 580
  • Buyer Agency (2% + VAT): Approximately AED 35,700
  • Buyer Total All-In: Approximately AED 1,804,280
  • Buyer All-In vs Seller Total: Approximately AED 509,720 BELOW seller’s documented total of AED 2,314,000
  • Percentage Below Seller Total: Approximately 22.03%

The seller paid AED 2,225,000 plus approximately AED 89,000 in DLD — a total documented investment of approximately AED 2,314,000. The buyer pays AED 1,700,000 plus their own DLD, agency, and admin — approximately AED 1,804,280 total. That buyer all-in is approximately AED 509,720 below the seller’s own total documented cost. The seller is absorbing a confirmed loss of approximately AED 614,000 relative to their total investment. The buyer enters at structural equity of approximately AED 509,720 relative to the seller’s cost basis — confirmed by the seller’s disclosed OP and the standard fee structure. Three independent arithmetic layers all confirm extreme super distress: AED 525,000 below OP (23.60%), AED 614,000 below seller total (26.53%), and buyer all-in AED 509,720 below that same seller total (22.03%). A seller who accepts this depth of loss relative to their documented total investment in a Sobha Hartland 2 tower is among the most clearly and most comprehensively motivated distress sellers that the MBR City secondary apartment market has produced at the current date.

AED 575 Per Sq Ft Below OP — What This Discount Means in 360 Riverside Crescent

At AED 2,225,000 (AED 2,437/sqft), the seller acquired a 2-bedroom apartment in 360 Riverside Crescent, Sobha Hartland 2 — in one of Sobha Realty’s most visually distinctive and most internationally marketed residential towers within the Mohammed Bin Rashid City premium corridor. At AED 1,700,000 (AED 1,862/sqft), the distress buyer acquires the same product — the same 913 sq ft, the same Sobha quality, the same 360 Riverside Crescent address, the same Sobha Hartland 2 crystal lagoon and MBR City positioning — at AED 575 per sq ft below what the seller paid. Across the full 913 sq ft BUA, that AED 575/sqft distress discount generates the AED 525,000 headline saving. For any buyer tracking Sobha Hartland 2 or 360 Riverside Crescent comparables, AED 1,862/sqft for a 2-bedroom in this tower at 23.60% below the seller’s documented OP is a pricing level that the non-distressed secondary market does not produce from an unmotivated seller. The discount is not a negotiating position or a pricing convention — it is a seller who has already committed to absorbing a AED 614,000 loss against their own total documented cost, and that commitment is confirmed by the depth of the discount across all three arithmetic layers.

About 360 Riverside Crescent — Sobha Hartland 2, Mohammed Bin Rashid City, Dubai

360 Riverside Crescent is Sobha Realty’s landmark residential tower within Sobha Hartland 2 — the larger and more ambitious second phase of the Sobha Hartland masterplan in Mohammed Bin Rashid City. The tower’s name references both its architectural character — a crescent-shaped building designed to maximise views across the lagoon and Dubai Creek waterfront — and its 360-degree view proposition from elevated positions within the tower. Sobha Hartland 2 is built around a crystal lagoon that serves as the community’s primary lifestyle axis — swimmable, accessible from community beach clubs and waterfront promenades, and providing the central visual and experiential identity that distinguishes Sobha Hartland 2 from conventional gated apartment communities without waterfront infrastructure. Mohammed Bin Rashid City — the masterplan that encompasses Sobha Hartland, District One, Meydan, and a range of other premium sub-communities — is one of Dubai’s most strategically positioned and most comprehensively conceived premium residential and lifestyle destinations, positioned between Downtown Dubai and the Dubai Creek growth corridor with direct access to the primary arterials connecting the full Dubai road network. Sobha Realty’s quality standard across the Sobha Hartland 2 programme — the build quality, the specification of finishes, and the materials programme — is one of the most consistently referenced quality benchmarks in Dubai’s off-plan apartment market. A 2-bedroom apartment in 360 Riverside Crescent at AED 1,700,000 (AED 1,862/sqft) — 23.60% below the seller’s documented OP, buyer all-in approximately AED 509,720 below seller total — is the most clearly documented and most deeply discounted extreme super distress entry into 360 Riverside Crescent’s 2-bedroom secondary market currently available.

Community and Lifestyle

  • 360 Riverside Crescent — Sobha Realty’s crescent-shaped landmark tower, Sobha Hartland 2
  • Sobha Hartland 2 — crystal lagoon community, MBR City, Dubai
  • Mohammed Bin Rashid City — Dubai’s most comprehensively conceived premium masterplan
  • Crystal lagoon — swimmable, waterfront promenade, beach clubs
  • 2 bedrooms — full professional and family apartment programme
  • 913 sq ft — efficient 2-bedroom layout at AED 1,862/sqft extreme distress rate
  • 23.60% below OP — AED 525,000 saving vs seller’s documented original purchase price
  • Extreme super distress — buyer all-in approximately AED 509,720 below seller’s total documented cost
  • Sobha Realty developer — most consistently referenced quality standard in Dubai’s off-plan market
  • MBR City — Downtown Dubai approximately 10 minutes, Dubai Creek approximately 10 minutes

Amenities

  • 360 Riverside Crescent building amenities — pool, gymnasium, concierge, lobby management on request from Sobha
  • Sobha Hartland 2 crystal lagoon — swimmable, waterfront lifestyle infrastructure
  • Sobha Hartland 2 beach clubs and lagoon promenade
  • Community parks and green corridors throughout Sobha Hartland 2
  • Community retail and food and beverage within Sobha Hartland 2
  • Cycling and jogging tracks throughout the masterplan
  • North London Collegiate School Dubai and GEMS Wellington within MBR City catchment
  • MBR City connectivity — Downtown Dubai, Creek Harbour, Ras Al Khor within proximity
  • 24/7 gated security and Sobha community management
  • Full service charge details on request from Sobha Realty

Investment Case — Extreme Super Distress, Sobha Quality, Crystal Lagoon, MBR City

The investment case for this 360 Riverside Crescent 2-bedroom at AED 1,700,000 operates across four compounding value propositions that together make this one of the most comprehensively evidenced and most deeply discounted distress configurations in Sobha Hartland 2’s 2-bedroom secondary market. First, the extreme structural equity from day one: the buyer’s all-in of approximately AED 1,804,280 is approximately AED 509,720 below the seller’s own total documented cost — confirmed structural advantage before any further market movement. The seller absorbs AED 614,000 of documented loss on their total investment. The buyer captures that loss as a permanent entry advantage. Second, the Sobha quality premium: Sobha Realty’s reputation for among the highest build quality in Dubai’s off-plan apartment market drives a consistent resale and rental premium above developer-equivalent products from less quality-focused builders in the same corridor — at AED 1,862/sqft on a Sobha product that the market prices at AED 2,437/sqft (the OP rate), the structural per-sqft advantage is immediate and verifiable. Third, the crystal lagoon and MBR City positioning: Sobha Hartland 2’s crystal lagoon is the primary lifestyle differentiator for the community — it is not a viewing amenity but a swimmable, daily-use waterfront lifestyle infrastructure that drives rental demand from a tenant profile that specifically seeks resort-style waterfront living within central Dubai rather than on the outer coastal corridors. Fourth, the MBR City growth corridor: the Dubai Creek Harbour development, the Meydan development, the District One community, and the broader MBR City infrastructure investment that has been committed across multiple government and private sector programmes consistently point to sustained value appreciation pressure in the corridor — and entering at AED 1,700,000 on a Sobha Hartland 2 product that was acquired at AED 2,225,000 by the current seller provides the most defensible capital foundation in the community’s 2-bedroom secondary market at the current date.

Estimated Buyer All-In Cost

  • Purchase Price: AED 1,700,000
  • DLD Transfer Fee (4%): AED 68,000
  • DLD Administrative Fee: Approximately AED 580
  • Agency Commission (2% + VAT): Approximately AED 35,700
  • Total Estimated Buyer All-In: Approximately AED 1,804,280
  • Buyer All-In vs Seller Total (AED 2,314,000): Approximately AED 509,720 BELOW — extreme super distress confirmed

Location and Connectivity — Sobha Hartland 2, MBR City, Dubai

  • Community: Sobha Hartland 2, Mohammed Bin Rashid City, Dubai
  • Key Roads: Al Ain Road (E66), Ras Al Khor Road, Mohammed Bin Zayed Road (E311)
  • Downtown Dubai and Burj Khalifa: Approximately 10 to 15 minutes by car
  • Dubai Creek Harbour: Approximately 10 to 15 minutes by car
  • Meydan Racecourse: Approximately 10 minutes by car
  • Business Bay and DIFC: Approximately 10 to 15 minutes by car
  • Dubai International Airport (DXB): Approximately 15 to 20 minutes by car
  • Dubai Hills Mall: Approximately 15 to 20 minutes by car
  • Ras Al Khor Wildlife Sanctuary: Approximately 5 to 10 minutes by car
  • Al Maktoum International Airport (DWC): Approximately 35 to 40 minutes by car

Why This 360 Riverside Crescent Listing Demands Immediate Action

  • 23.60% below OP — AED 525,000 saving vs seller’s documented original purchase price of AED 2,225,000
  • Extreme super distress confirmed — buyer all-in approximately AED 509,720 below seller’s total documented cost of AED 2,314,000
  • AED 1,862/sqft — extreme distress rate for a 2-bedroom in 360 Riverside Crescent Sobha Hartland 2
  • AED 575/sqft below seller’s OP rate — across 913 sq ft of Sobha-built premium residential space
  • Seller absorbs confirmed loss of approximately AED 614,000 vs their total documented investment
  • 360 Riverside Crescent — Sobha Realty’s crescent-shaped landmark tower, one of Sobha Hartland 2’s most distinctive addresses
  • Sobha Hartland 2 crystal lagoon community — MBR City, Dubai’s most premium masterplan corridor
  • Sobha Realty developer — most consistently referenced quality benchmark in Dubai’s apartment market
  • MBR City growth corridor — Downtown, Creek Harbour, Meydan all within 10 to 15 minutes
  • Freehold — available to all nationalities worldwide
  • Three independent distress layers all confirm extreme super distress — deepest discount profile available in Sobha Hartland 2’s 2BR secondary market at the current date

Frequently Asked Questions

What makes this an extreme super distress deal and what is the three-layer arithmetic?

Layer one: the distress price of AED 1,700,000 is AED 525,000 (23.60%) below the seller’s documented OP of AED 2,225,000 — the seller’s approximately 24% headline figure. Layer two: adding the 4% DLD the seller paid (approximately AED 89,000) gives a seller total of approximately AED 2,314,000 — the distress price is approximately AED 614,000 (26.53%) below that total. Layer three: the buyer’s own all-in of approximately AED 1,804,280 is approximately AED 509,720 below the seller’s total documented cost — the buyer pays every transaction fee at their own expense and still arrives at an acquisition cost approximately AED 509,720 lower than what the seller originally invested. Three independent layers consistently confirm extreme super distress across every applicable metric.

What is 360 Riverside Crescent and why is it a premium Sobha Hartland 2 address?

360 Riverside Crescent is Sobha Realty’s distinctive crescent-shaped residential tower within Sobha Hartland 2 — designed to maximise lagoon and creek views from its elevated positions and named for its 360-degree view proposition and riverside waterfront character. Sobha Hartland 2 is the larger second phase of the Sobha Hartland masterplan in Mohammed Bin Rashid City, built around a crystal lagoon with swimmable waterfront access, beach clubs, and the Sobha quality standard that distinguishes the brand across the Dubai premium apartment market. Sobha’s build quality is among the most consistently referenced quality benchmarks from any developer in Dubai’s off-plan apartment sector.

What is Sobha Hartland 2 and why is MBR City a premium address?

Sobha Hartland 2 is the second and larger phase of the Sobha Hartland masterplan in Mohammed Bin Rashid City — Dubai’s most comprehensively conceived premium masterplan development, encompassing Sobha Hartland, District One, Meydan, and multiple sub-communities within a large format city-within-a-city programme. The crystal lagoon at Sobha Hartland 2 provides swimmable waterfront infrastructure that distinguishes the community from conventional gated apartment developments. MBR City’s central positioning — Downtown Dubai approximately 10 to 15 minutes, Dubai Creek Harbour approximately 10 to 15 minutes, Meydan approximately 10 minutes — combines the premium lifestyle infrastructure of a waterfront community with the central connectivity of a professional district address.

Can all nationalities purchase in 360 Riverside Crescent, Sobha Hartland 2?

Yes. Sobha Hartland 2 is in a designated freehold area in Dubai, permitting property ownership by all nationalities worldwide. There are no nationality restrictions on purchasing in 360 Riverside Crescent.

What are the total buyer costs?

AED 1,700,000 plus DLD 4% (AED 68,000) plus admin (approximately AED 580) plus agency 2% plus VAT (approximately AED 35,700). Total estimated buyer all-in approximately AED 1,804,280. Still approximately AED 509,720 below the seller’s total documented cost of approximately AED 2,314,000. Sobha NOC and assignment processing fees also apply and will be confirmed.

What is the rental potential for a 2BR in 360 Riverside Crescent, Sobha Hartland 2?

A 2-bedroom in 360 Riverside Crescent, Sobha Hartland 2 attracts professional couple and family tenant profiles drawn to the Sobha quality standard, the crystal lagoon community lifestyle, the MBR City address, and the central Dubai connectivity. The Sobha quality premium drives rental rates above comparable square footage from developers without Sobha’s build quality reputation. Entering at AED 1,700,000 — 23.60% below OP — creates the most favourable yield-on-cost foundation for a 2-bedroom unit in this building at the current secondary market. Specific rental comparables available on request at handover.

How do I get the full details and initiate the assignment?

Contact our team immediately via phone, email, or WhatsApp. We will provide the complete Sobha Realty payment schedule, amount paid to date, remaining milestones, handover date, NOC requirements, and all assignment documentation. 23.60% below OP — buyer all-in approximately AED 509,720 below seller total — 2BR 913 sq ft — 360 Riverside Crescent — Sobha Hartland 2 — AED 1,700,000. The seller’s motivation is confirmed by a AED 614,000 documented loss versus their total. Act immediately.

Floor Plan

Floor Plan — 2 Bedroom | 913 Sq Ft | 360 Riverside Crescent, Sobha Hartland 2, Dubai

This 360 Riverside Crescent 2-bedroom apartment delivers 913 sq ft of Sobha-built residential space — a two-bedroom programme providing an open-plan living and dining area, a fully fitted kitchen to Sobha's premium specification standard, a master bedroom suite with its own bathroom, a second bedroom with its own bathroom, and balcony access. The 913 sq ft floor plate at Sobha's specification level delivers room proportions, material quality, and fit-out detail that consistently differentiate Sobha's delivered product from developer equivalents in the same community and price bracket. Full floor plan with exact room dimensions, bathroom configuration, balcony details, and unit position within 360 Riverside Crescent are available on request from our team or directly from Sobha Realty.

Payment_Plan

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Down_PaymentOn Request

Features

2 Bedrooms
2 Bedrooms
24x7 Security
24x7 Security
360 Riverside Crescent
360 Riverside Crescent
913 sqft
913 sqft
Crystal Lagoon
Crystal Lagoon
Crystal Lagoon Community
Crystal Lagoon Community
Downtown Dubai
Downtown Dubai
Dubai Creek Harbour
Dubai Creek Harbour
Dubai Hills Mall
Dubai Hills Mall
Gym
Gym
kids play area
kids play area
MBR City
MBR City
Outdoor cinema
Outdoor cinema
Parking Area
Parking Area
RETAIL OUTLETS
RETAIL OUTLETS
Sobha Hartland 2
Sobha Hartland 2
Sobha Realty
Sobha Realty
Swimming Pool
Swimming Pool

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Every listing on DistressPropertyFinder is individually verified against Dubai Land Department (DLD) SPA/SOP records before publication. DistressPropertyFinder is a specialist Dubai portal for secondary-market distress and below-market resale. We do not publish developer primary stock. Read our full verification methodology.